WASHINGTON -- The U.S. trade deficit widened 10.4% to a record $878.7 billion last year, Department of Commerce data revealed Wednesday, beating the previous high from 2006 and delivering a blow to one of U.S. President Donald Trump's signature campaign promises.
Trump has attempted to reduce the trade gap with additional tariffs on several countries, especially China, but a brisk U.S. economy -- partially fueled by his own tax breaks -- has offset any effects.
